#6744307, Listing office: Keller Williams Classic Rlty NW
$1,295,000 List price
4 1st St Excelsior, MN 55331
3 beds
2 full, 1 partial
1,925 sqft
$673 / sqft
Townhouse
Property details
About 4 1st St
Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slip—no wait. Enjoy exceptional hard sand shoreline & private beach—complete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views and inviting living spaces, including multiple seating areas perfect for entertaining or relaxing with a large paver patio outside. The kitchen features rich hardwood cabinetry, granite countertops, and a layout that flows seamlessly into the main living areas. Upstairs, you'll find three generously sized bedrooms—all conveniently located on the same level—with stunning lake views from every room. Ideally located within walking distance to The Commons, Downtown Excelsior boutique shops & restaurants, and the Lake Minnetonka Regional Trail. Pet-friendly. No rentals. Bring your boat + boat lift, family + friends—Lake Life is calling—don’t miss this rare Excelsior lake gem!
Highlights
Home typeTownhouse
HeatingForced Air, Fireplace(s)
StatusComing Soon
CoolingCentral Air
Size1,925 sqft
Year built1974
ParkingAttached Garage, Asphalt, Finished Garage, Garage Door Opener
MLS #6752598
Attached garage2 spaces
WaterfrontWater Access, Deeded Access, Dock, Lake Front, Lake
FireplaceTwo Sided, Gas
ViewBay, Lake
Active DateAugust 01, 2025
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Refrigerator
- Basement: No
- Fireplace: Two Sided, Gas
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Finished Garage, Garage Door Opener
- Waterfront: Water Access, Deeded Access, Dock, Lake Front, Lake
- View: Bay, Lake
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- List Price: $1,295,000
- Price/SqFt: $672
- HOA Amount: $150 Monthly
- Annual Tax Amount: $11,101
- Tax Year: 2023
- Lot: Accessible Shoreline, Few Trees
- Directions: Excelsior to Lake Street to 1st St
- Year Built: 1974
- Living Area: 1,925 SqFt
- MLS Number: 6752598
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $884,300 | $11,101 |
| 2022 | $780,000 | $9,885 |
| 2021 | $629,000 | $8,515 |
| 2020 | $566,000 | $7,525 |
| 2019 | $548,000 | $7,483 |
| 2018 | $546,000 | $7,449 |
| 2017 | $522,000 | $7,054 |
History based on county public records data.
Nearby schools
9
Excelsior Elementary
Public District KG-5
0.6 mi
•441 Oak St
9
Minnewashta Elementary
Public District KG-5
2.3 mi
•26350 Smithtown Rd
8
Deephaven Elementary
Public District KG-5
2.5 mi
•4452 Vinehill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,833. Most Excelsior, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
52%
35k-100k
18%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Lincoln
What do the neighbors listen to?
Talk/Personality
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4 1st St
The listing price of 4 1st St property is $1,295,000.
The property 4 1st St is a townhouse located in Excelsior, Minnesota, 55331.
Coming Soon: 4 1st St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 4 1st St are: Excelsior Elementary (GreatSchools Rating 9/10), Minnewashta Elementary (GreatSchools Rating 9/10), Deephaven Elementary (GreatSchools Rating 8/10), Minnetonka Middle School West (GreatSchools Rating 9/10), Minnetonka Middle School East (GreatSchools Rating 9/10), West Middle School (GreatSchools Rating 8/10), Minnetonka High School (GreatSchools Rating 10/10), Chanhassen High School (GreatSchools Rating 8/10), Eden Prairie High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $11,101 (source: MLS/based on county public records data).
The property at 4 1st St has 3 bedrooms and 2 full and 1 half bathrooms.
The property 4 1st St is 1,925 SqFt (source: MLS/tax record).
The year of construction for 4 1st St is 1974.
This home is located at 4 1st St in Excelsior, MN and zip code 55331 in the Lower Lake South neighborhood. This 1,925 square foot home was built in 1974. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $1,295,000.
While more than 5 listings in Excelsior, MN in June 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 28 were sold below. The number of homes for sale in Excelsior, MN increased by 10.3% between May and June 2025. In June 2025 median list price was $777,450 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.